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Sunday, November 24, 2024

Q2 real estate sales report: Schiller Park

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Median prices declined in Schiller Park over last year, and are up 65.9 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 35 homes sold in Schiller Park for a median price of $215,000. That's 0.9 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 2 homes in Schiller Park were in foreclosure.

Median property tax for homeowners in Schiller Park was $5,618.08 in 2017 according to tax data from that year. That means homeowners pay 2.6 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Schiller Park real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
22
$129,578
-
2010
39
$177,840
37.2%
2011
46
$121,193
-31.9%
2012
47
$75,210
-37.9%
2013
33
$141,480
88.1%
2014
40
$87,450
-38.2%
2015
37
$116,600
33.3%
2016
37
$183,750
57.6%
2017
24
$217,005
18.1%
2018
35
$215,000
-0.9%

Median property tax
Median sale price
Effective property tax rate
2009
$4,338.15
$129,578
3.3%
2010
$4,237.63
$177,840
2.4%
2011
$5,120.61
$121,193
4.2%
2012
$2,846.02
$75,210
3.8%
2013
$4,661.94
$141,480
3.3%
2014
$2,703.69
$87,450
3.1%
2015
$3,535.43
$116,600
3%
2016
$5,043.17
$183,750
2.7%
2017
$5,618.07
$217,005
2.6%

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